News

Man dies in coal mine

A contractor working at Anglo Coal’s Dartbrook mine, near Muswellbrook, New South Wales, was killed when the shaft in which he was working collapsed.


Australian budget disappoints

The Australian government’s 2004-5 budget failed to deliver on incentives for mineral exploration, and this failure is meeting with criticism from the mining industry.


People (June 21, 2004)

American Bonanza — Ronald Netolitzky, Robert McKnight, Brian Kirwin, Giulio Bonifacio appointed directors.


Letter to the editor: Door still open to corruption

With the clamour arising from the regulators as they forge new rules and laws for his protection, the prudent investor might be lulled into thinking his investments in the resource industry are fully protected from corporate sins.





The Mining cycle

The following is an excerpt from the ninth edition of Mining Explained, published by The Northern Miner.



Weak Metal Prices spell gloom for juniors

The TSX Venture Exchange took another hit over the June 9-15 trading period, losing almost 50 points to close at 1523. The price of gold continued to struggle and ended the period at roughly US$389 per oz., down slightly from US$391 on June 8.


Rio Narcea CEO Alberto Lavandeira (right foreground, in checkered shirt) discusses the Salave project with analysts in front of one of two Roman-era open pits that exploited the deposit's mineralized oxide cap.

Rio Narcea sizes up Salave project

Tapia de Casariego, Spain — The Salave project, near the northern coast in Spain’s Asturias province, is western Europe’s largest undeveloped gold project, and Rio Narcea Gold Mines (RNG-T) figures it is just the company to rem…


Wheaton to hold second vote

The proposed merger deal between Iamgold (IMG-T) and Wheaton River Minerals (WRM-T), accepted by Wheaton shareholders in a June 8 vote, will go back to the shareholders of both companies at meetings in late Ju…


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